Happy news

Sorry, hunters of Supreme Court clerkships. We’re pretty sure that the justices are done hiring for October Term 2014. After Monday’s hiring update, we received a slew of new tips, almost filing up the OT 2014 roster. It’s time to start turning your hopes towards October Term 2015.

As we’ve mentioned before, we devote extra attention to the last clerks whose hirings we hear about. It’s the SCOTUS clerk version of the NFL draft’s Mr. Irrelevant.

So who are we missing? Let’s look at the updated list….

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The return of the Supreme Court to the headlines, with its ruling today in a big legislative prayer case, reminded me: it has been several months since our last update on Supreme Court clerk hiring.

So let’s plunge right in. As you’ll see in the list below, there aren’t many openings left. In fact, it’s quite possible that the justices are done hiring and we just don’t have all the future clerks’ names yet.

Also after the jump, some bonus SCOTUS clerkship coverage: a list of the top feeder judges for the past five Terms….

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The students now are generous, collaborative. They share notes with each other. I regularly ask students what has surprised them about Harvard Law School and almost always the response is how nice everybody is. I think the degree to which the students care about the world is very impressive to me. They are not just concerned about themselves.

– Dean Martha Minow of Harvard Law School, in an interesting and inspirational interview with the Harvard Gazette. Additional highlights from the interview, plus commentary, after the jump.

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At last night’s LeGaL dinner: Alex Levy (a 3L at NYU), Mary Bonauto of Gay & Lesbian Advocates & Defenders (GLAD), and David Lat. (Photo by Jeff Trachtman.)

Last night, I had the great pleasure of attending the LeGaL Foundation Annual Dinner, which took place at Capitale here in New York. The mood was festive — which wasn’t surprising, given the successes of both LeGaL and the broader LGBT rights movement over the past year.

Here’s my account of the evening, a celebration of the Foundation’s 30th anniversary and an opportunity to honor some pioneers of the gay rights movement….

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Your Above the Law editors: Joe Patrice, Elie Mystal, Staci Zaretsky, and David Lat

February is supposed to be full of hearts and love and chocolate candy, but this year, it was mostly filled with snow — and that’s why our Valentine’s Day party, which was originally supposed to be on February 13, had to be rescheduled.

That said, thanks a lot to everyone who was willing to brave the cold and came out on Wednesday night to attend the Above the Law Valentine’s Day party. This year’s festivities were extremely well-attended (the bar was packed), and the entire crowd enjoyed all of the specialty drinks that were served. Thanks to our sponsor, the Business Law Center on WestlawNext™ from Thomson Reuters, for making such a great evening possible.

If you weren’t able to make it out, don’t worry — we’ve got you covered. Here are some of the pictures from a night that was full of fun and fabulosity…

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This glass is half-full, right?

It depends. Your view of the direction of the job market for summer and entry-level associates will depend upon which metrics you focus on. That seems to be the bottom line of the latest findings from the good folks over at the National Association for Law Placement (NALP).

The overall outlook seems to be… muddled. Some indicators are up a little; some indicators are down a little. Things appear a bit flat — which is not that different from last year.

But I’m finding (or trying to find) reasons for optimism. Hear me out….

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David Boies: just one great lawyer among many at Boies Schiller.

What comes to mind at the mention of Boies, Schiller & Flexner? Perhaps the legendary named partners — David Boies, Jonathan Schiller, and Donald Flexner — or perhaps the legendary bonuses, which last year went as high as $300,000.

But there’s much more to the firm than that. Even though BSF is most famous for its litigation work, it has a sizable and well-regarded corporate practice, for example. And even though its biggest presence is in the state of New York, with offices in Albany, Armonk, and New York City, the firm has several other outposts — including a growing and high-powered presence in Washington, D.C.

Boies Schiller has been adding some impressive new talent to its D.C. outpost. Last week, the firm welcomed a leading litigatrix. Let’s learn more about her, shall we?

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Some large law firms, when announcing year-end associate bonuses, also announce base salaries for the new year. In Biglaw, the salary scale hasn’t budged since January 2007, when Simpson Thacher announced the $160K scale (providing for base salaries ranging from $160,000 for first-year associates to $280,000 for eighth-year associates).

You could view this as a compensation cut, since we have had some inflation (even if not high inflation) since 2007. According to the inflation calculator of the Bureau of Labor Statistics, $160,000 in 2013, the latest year available, had the same buying power as $142,407 in 2007. Of course, law school tuition has climbed quite a bit since 2007 — so even for the lucky souls who land Biglaw jobs, the value proposition of a law degree isn’t as appealing today as it was back in 2007. You’re paying more for a degree that gets you less.

What’s the solution? Work for a firm that will pay you more than $160,000 as a starting salary, of course! Let’s say hello to the newest member of the $160K-Plus Club….

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Back in 2011, we complained about the complexity of Vinson & Elkins’s compensation system, which involved a deferred compensation arrangement. The next year, the firm fixed it.

Last year, when ATL readers rated Texas law firms, Vinson & Elkins came in #5 out of 6 firms in terms of associate satisfaction with compensation. But maybe the firm has fixed that as well?

Based on the reports we’ve heard so far, associates at V&E are in fact V.E. — “Very Elated” — about their bonuses….

(Please note the very important UPDATE added to the end of this post — and reflected in our tinkering with the title. Some people are less than thrilled….)

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Litigation powerhouse Quinn Emanuel is known for many things, perhaps the most important of which is making money hand over fist. In the latest Am Law 100 rankings, the firm grew its gross revenue by 17.8 percent, posting revenue per lawyer of about $1.2 million and profits per partner of $4.4 million. That’s certainly a selling point — but perhaps what the firm is best-known for is its quirkiness. Quinn Emanuel is a firm that does things a little differently than any of the competition.

You may recall that starting in 2012, the firm did away with Biglaw’s tried and true method of summer associate recruiting — interview, check pulse, make offer — in favor of “fun, freewheeling ‘get to know you’ parties.” The firm apparently likes attorneys with social skills. Quinn Emanuel has thrown formal workplace fashion to the wayside and actively encourages its associates to dress casually because it “improves [their] creativity.” It’s no surprise that QE made our list of the 12 top rated firms last year.

This is a firm that likes to have fun, and say what you will about its most recent bonuses, but its fearless leaders want its associates to be happy. We think that Quinn Emanuel’s latest initiative may keep the firm at the top of our rankings for years to come….

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